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Bitcoin’s Energy Usage Spikes To 41% In 12 Months Amid Increasing Regulatory Interest In PoW Mining

The energy consumption of Bitcoin (BTC) mining rigs soars in the third quarter of 2022, according to a report by the Bitcoin Mining Council (BMC). The report shows a 41% rise year-on-year increase in the energy consumption of the largest cryptocurrency, although new efforts and technology have been deployed to mine BTC this past 12 […] дальше »

2022-11-12 22:40


CryptoSlate Wrapped Daily: Binance to set up blockchain team for Twitter after $500M investment; Terra collapse sparked BTC supply growth

The biggest news in the cryptoverse for October 28 includes Binance making a $500 million contribution to Elon Musk’s Twitter deal, Ethereum outperforming other Layer-1 networks, deBridge introducing a new standard for cross-chain transfers, and Wisdom Tree recording a loss of about 36% in crypto assets in the third quarter. дальше »

2022-10-29 01:14


Can Bitcoin's struggles and volatility of Q3 overshadow BTC's Q4 performance

The third quarter (Q3) of 2022 has been one filled with intense scrutiny of crypto assets with Bitcoin [BTC] at the heart of it. The king of crypto asset, recently, witnessed a dip in its tractions dThe post Can Bitcoin's struggles and volatility of Q3 overshadow BTC's Q4 performance appeared first on AMBCrypto. дальше »

2022-9-21 19:30


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Canaan CEO expects ‘prolonged headwinds’ amid downward pressure on Bitcoin

Canaan Inc. (NASDAQ: CAN) Chief Executive Officer Nangeng Zhang believes the Bitcoin (BTC/USD) mining hardware provider, and the broader sector, could see “prolonged headwinds” in the next few months as the crypto market battles the downside pressure that’s thwarted bulls since the fourth quarter of last year. дальше »

2022-8-18 16:50


For Bitcoin investors, this metric foreshadows 'oncoming price turnarounds'

The second financial quarter of 2022 didn't end very well for Bitcoin [BTC]. In what can be called 'extreme market conditions,' the flagship crypto coin has been struggling on all fronts. Investors arThe post For Bitcoin investors, this metric foreshadows 'oncoming price turnarounds' appeared first on AMBCrypto. дальше »

2022-7-2 14:30


DeVere Group CEO Predicts A BTC Bull Run In Q4, In Contrast To Peter Schiff’s Gloomy Forecast

The big boss of Devere Group believes in the potential of Bitcoin as a hedge against inflation, despite the ongoing chaos in the crypto market. Devere Group CEO Nigel Green forecasts that the price of bitcoin will experience a “substantial bounce” in the fourth quarter of this year. “I believe that a bull run will […] дальше »

2022-6-14 15:55